The Fine Sounds Group, the parent company of McIntosh Labs, is being sold as part of a management buyout. Fine Sounds CEO Mauro Grange and McIntosh president Charlie Randall are leading the buyout, with backing from LBO France and Yarpa.

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Fine Sounds' portfolio includes Sonus Faber, Audio Research Corporation, Wadia Digital, Sumiko and McIntosh, the latter of which Fine Sounds acquired from D&M two years ago.

"When Charlie and I met, there was instant chemistry," Grange said in a statement. "We both had the same vision for the future – merging Fine Sounds and McIntosh in order to create a leading group of luxury lifestyle brands.When the opportunity presented itself to buy Fine Sounds back from Quadrivio, it was a dream come true for us both."